Point of Recognition

A hot CPI tomorrow after a hot PPI today might give the win/win crowd something to ponder. QEII is likely to result in higher inflation with little added jobs. The question is when will be the point of recognition?

2 comments:

Yeah, this would be the perfect excuse for the oversold dollar to rally a bit here, as it's due for. We can all get a bit worried for a few days that the Fed won't follow through with the full QE2, or some such narrative.

Then we can get back to having the dollar continue to fall into Dec/Jan when the yearly cycle low is due, and the stock market can challenge/exceed the Apr highs. And of course gold/silver can continue their relentless march upwards in their secular bull.

About

Disclaimer

I do not offer investment advice on this site. Under no circumstances does this information represent a recommendation to buy, sell or hold any security. The information is for educational purposes only. I may hold a position in the securities discussed. Positions may change at any time without notice.